Published on February 29th, 2016 | by John Kane2
Profit Maker Method Review
Today I’ll be providing a review and letting you know if this is a system that you can trust or one that you should avoid.
Profit Maker Method Review
The story behind the profit maker method is one that we’ve heard many times before. Hollingdale tells us that he used to work for Barclays and with the knowledge from that job he’s been able to create a software that can help us trade binary options profitably. The problem with this story is that whenever I researched the developer of the system I can never find any information on him online. Top traders that work for large banks generally have a LinkedIn profile or published articles somewhere online for me to fact check.
Timothy Hollingdale doesn’t come up in any of my research.
He claims that his application has an 87% winning rate in trades completely on autopilot. So essentially, all you have to do is press a button and then the software trades for you. Historically, binary options auto traders are extremely unreliable.
In watching the profit maker method video there are certainly a few red flags. There’s one statement in particular that I take issue with. Timothy Hollingdale tells us that we can earn a return of 96% with a specific type of binary options trade. I’ve never seen a binary options broker payout come even close to this number and considering Timothy is recommending the Tradorax broker, they only have a maximum payout of 85%. This is stated on their website. This makes me feel like Timothy is not knowledgeable when it comes to binary options trading, which gives me an uneasy feeling.
There are a couple other issues I have with the promotion of this product. The testimonials feel like they are fabricated accounts from bad actors. I can only go by my gut but in this situation and I don’t feel like traders are withdrawing thousands of dollars every money from their bank accounts. This really isn’t possible anyways because it takes a binary options broker generally a few days to send you your funds.
Today I will not be recommending the profit maker method to the binary today readers. There are quite a few red flags associated with this product release and I’m just not willing to take that leap of faith. In doing research I’ve also found that in their terms of service they make reference to the copy buffet system so either they copied the terms of service from another product or are actually associated with them. Either way, it’s not a good position to be in. Let me know what you think about this new system by leaving a comment below. I’m always interested in hearing from traders about binary options. If you ever need any help click ask John at the top of the page and send me an email.
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